In premarket, at 8:06:27 I added 1/8 more EMC to my target position. Last year I sold 3/4 of my position booking an 18% long term gain. I currently hold 5/8 of my target position in EMC.
What I sold last year: I sold EMC at $19.25 for a 18% long term gain – still holding significant number of shares. Sold too soon. I sold all my SLV at 27.65, 43% short term gain, but did I sell too soon? Very scary at these levels. Looking for a major pullback before considering … [Read more…]
I just updated my stock orders. Now that the elections are over and the fed is printing money, I have modified my trades to the following…
At 10:52:14 on 09/01/10 I sold nearly half my shares of EMC at $19/share due to a Professional Research report finding and current market volatility. While I am selling 600 shares, I am keeping 700 shares which I picked up at a much lower cost than the shares I am selling. I am still holding … [Read more…]
I am selling nearly 1/2 of my position in EMC due to a Professional Research report finding and current market volatility.
My thoughts on Tech
I currently am holding 3/4 of my target position for EMC. As the stock increases in the next few months, I will consider selling another 25% of my holdings. But today, at this point, I’m sitting tight on EMC. Surely EMC will beat that eps, but by how much?
That’s why I rate EMC a hold.
I am taking some gains off the table on EMC, great runnup from $12.58 which was my last buy of EMC. Still holding 3/4 of my target allocation of EMC.
In conclusion, I am looking at a straddle* on GE. Investment in BRIC, and purchase of some lowlying high quality stocks. If stocks get punished, I think there may be another ‘high quality’ buying opportunity.
After a big run-up, I am selling 1/4 of my EMC position. Last April I was holding on to Volitile EMC, since then the stock has risen from $12, so I am taking a bit off the table.